Centrally located on St Mary's Street, this is a great two bedroom ground floor flat. Ideal for a first time buyer or investor it has recently been redecorated and is ready for you, or your tenant, to move into straight away. From an investment point of view the antcipated gross yield would be in the region of 8.57% based on an annual rent of £12,000.
The accommodation is well laid out with a bright, welcoming feel. The spacious living room is the perfect place to relax after a hard day's work but it would equally suit working from home, dining and entertaining guests with ease. Leading off the living room is the fitted kitchen where you will find an abundance of cupboard and worktop space, breakfast bar and fitted electric hob, oven and extractor hood. There are dedicated spaces for the installation of a washing machine and fridge/freezer. The main bedroom is a good size with large built in wardrobes with the second bedroom being a large single size. Completing the accommodation is the accessible bathroom which has walk-in shower, toilet and wash handbasin.
The location will be ideal for those working in Southampton City Centre and there is good access by public transport to the rest of the city. For those studying, Southampton Solent University is within walking distance with good access to Southampton University by public transport. You will be spoilt for choice for shopping with good local shops in the immediate vicinity plus the delights of the city centre & West Quay Mall within a short walk through nearby Hoglands park.
PRACTICALITIES:
Tenure: Leasehold
Lease: 125 years from 1st January 2002 (100 years remaining)
Ground rent: Peppercorn if demanded
Service Charge: current £1282.00
EPC Rating: C
No Chain
Heating : Electric heaters
Council Tax Band: D
PLEASE NOTE THERE IS NO CAR PARKING PROVIDED WITH THE PROPERTY.
We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller by separate negotiation.
Successful buyers will be required to complete online identity checks provided by our compliance partner. The cost of these checks is £72 inc. VAT per check which is paid in advance directly to the provider. This charge verifies your identity in line with our obligations as agreed with HMRC.
EPC rating: C. Council tax band: A, Domestic rates: £1587.65, Tenure: Leasehold, Annual service charge: £1282, Length of lease (remaining): 101 years 3 months,
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